Intraday Buy and Sell levels for 03rd February 2023

   If a stock is trading above its 5, 10, 15, 50 and 100 DMA and is nearby its 200 dma but has not yet crossed its 200 DMA then, when the stock crosses its 200 DMA then it is best for buying it intraday if it cross its 200 DMA with good volume & looks like it will sustain above 200 DMA. There is less chance for this stock to return backwards. A list of such stocks as on date is given below.

 Super Break Out - Buy on 3rd february 2023

Best for Buy above 200 DMA								Invest	100000
Stock Name	CMP	Price expected tomorrow	Buying Trigger Point 200 DMA	Away from 200 DMA	% momentum	Move	Target 1	Taeget 2	Profit is dependent on momentum
NSE:MOTHERSON	75.05	77.96	78.31	-3.26	3.71%	2.91	81.22	84.13	3713.89
NSE:WIPRO	409.95	417.91	421.26	-11.31	1.89%	7.96	429.21	437.17	1888.67
NSE:OFSS	3110	3220.22	3141.28	-31.28	3.51%	110.22	3251.49	3361.71	3508.71

 

Note: Buy above at mentioned price or few pips above, sell at minimum 0.5% to 1% profit intraday only. Stop loss 0.5%. Note that intraday you can get maximum leverage. 

Note: You can also place AMO intraday orders at selling trigger point shown above today itself, select                as per your best judgement.

If a stock is trading below its 5, 10, 15, 50 and 100 DMA and is nearby its 200 dma but has not yet crossed its 200 DMA, then, when the stock crosses its 200 DMA then it is best for selling it intraday if it cross its 200 DMA with good volume & looks like it will sustain below 200 DMA. There is less chance for this stock to return upwards. A list of such stocks as on date is given below.

 Super Break Out - Sells as on 3rd February 2023

Best for Sell Below 200 DMA								Invest	100000
Stock Name	CMP	Price expected tomorrow	Sellng Trigger Point 200 DMA	Away from 200 DMA	% momentum	Move	Taeget 1	Target 2	Profit is dependent on momentum
NSE:YESBANK	16.85	16.32	15.98	0.87	3.29%	0.53	15.45	14.93	3293.41
NSE:IFCI	12.2	11.54	11.18	1.02	5.88%	0.66	10.53	9.87	5882.35
NSE:COALINDIA	217.5	212.88	213.28	4.22	2.17%	4.62	208.66	204.04	2165.90
NSE:DCBBANK	108	100.28	100.56	7.44	7.68%	7.72	92.83	85.11	7677.63
NSE:BANKBARODA	155.2	146.05	135.35	19.85	6.76%	9.15	126.20	117.05	6757.68
NSE:INDUSINDBK	1080	1025.64	1062.79	17.21	5.11%	54.36	1008.43	954.07	5114.74
NSE:NTPC	167.45	162.26	160.62	6.83	3.23%	5.19	155.42	150.23	3232.63
NSE:CANBK	286.4	274.73	252.07	34.33	4.63%	11.67	240.40	228.73	4628.13
NSE:CEATLTD	1524	1474.81	1393.22	130.78	3.53%	49.19	1344.03	1294.84	3530.96
NSE:DABUR	555	540.45	550.34	4.66	2.64%	14.55	535.79	521.24	2644.10
NSE:TATACOMM	1216	1168.47	1152.83	63.17	4.12%	47.53	1105.30	1057.78	4122.59
NSE:TVSMOTOR	1001.05	970.98	931.79	69.26	3.23%	30.07	901.72	871.65	3227.11
NSE:CANBK	286.4	274.73	252.07	34.33	4.63%	11.67	240.40	228.73	4628.13
INDEXNSE:NIFTY_50	17610.4	17404.31	17290.12	320.28	1.19%	206.09	17084.02	16877.93	1191.97
INDEXNSE:NIFTY_FIN_SERVICE	18022.15	17687.48	17588.50	433.65	1.90%	334.67	17253.83	16919.16	1902.76

  Note: Sell above at mentioned price or few pips above, buy back at minimum 1%profit            intraday only. Stop loss 0.5% . Note that intraday you can get maximumleverage. 

Note: You can also place AMO intraday orders at selling trigger point shown above today itself, select              as per your best judgement.

Disclaimer

Trading in stock market is very risky. Please analyse yourself what is your risk profile. This blog is not perfect. This is not an advisory service to buy or sell. The contents of “this blog” are only for educational purposes. No liability is accepted for any content in this blog.

The author is not a registered stockbroker nor a registered advisory and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.